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Labels, Tapes And Films Market Share

Report ID: GMI5087
Published Date: Aug 2021
Report Format: PDF

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Labels, Tapes And Films Market Share

Labels, tapes and films industry is moderately fragmented with key top companies accounting for a limited share. Some of the key manufacturers in the industry are :

3M
Avery Dennison
UPM Corporation
Scapa Group
tesa SE
FLEXcon Company, Inc.
American Biltrite
CCL Industries.

These companies compete by implementing various strategic initiatives such as production capacity expansion, new product launches, mergers & acquisitions, etc. In March 2021, Avery Dennison Corporation announced a strategic acquisition with JDC Solutions, Inc. This agreement will further boost the company’s capability in offering adhesive tape solutions to consumer appliances suppliers. Such initiatives are expected to drive top companies’ dominance to some extent in the industry.

A growing number of small- to medium-scale labels, tapes and films suppliers for electronics industry in China will drive down the competitiveness of top companies. This is due to the limited scope in differentiating labels, tapes and films from each supplier and the prevalence of bulk order supply in the sector.

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

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